Personal touch: Women business correspondents build trust and rapport with self-help groups, leading to better repayment rates.
Financial literacy: They educate group members on managing finances effectively, reducing the chances of default.
Monitoring and support: Women business correspondents regularly monitor the groups' activities and provide guidance to ensure timely repayments.
Access to credit: By facilitating loan disbursement and repayment processes, they enhance the accessibility of credit, enabling groups to meet their obligations.
Empowerment: Women business correspondents empower group members by providing them with the necessary knowledge and tools to improve financial discipline and accountability.